NZDCAD: Structure Based Trade

1 050
snapshot

NZDCAD reached a major daily structure resistance.

after a strong bullish wave the price has stopped on that and we see clear weakening signs:
we see multiple rejection on hourly and double top formation with a lower high.

0.8973 is its support.
I want to see hourly violation of that to initiate short position.

goals:
0.894
0.8904

in case of a new higher high above current tops, setup will be invalid.

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